Thread by @BusinessInsider

Analysis | Employee loyalty dropped during the pandemic and has hit a "breaking point."

But employers are misdiagnosing why employees have become less engaged in their work.

Here's what's going on. 👇

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Employers' sense that workers are becoming less loyal is well founded.

But they blame remote work, and their best idea to improve loyalty is to simply "listen to the needs of the labor market and adapt quickly."

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The real reason workers are ditching their employers, said author and @EZPR CEO @edzitron, is because the pandemic provided a vivid demonstration of how little corporations care about their employees.

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And despite millions of workers embracing the flexibility and benefits of remote work, corporations have continued to push hard for people to return to the office, even during the Omicron surge.

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Throughout the pandemic, workers were treated worse by the government than their employers were, Zitron said.

Companies had nearly half a trillion dollars of PPP funds forgiven while stimulus checks for households were restricted based on income.

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Corporate America did little to help their employees fill the financial gaps left by the government's piecemeal aid, Zitron said.

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Workers are taught to stay with a company for at least a year to prove that they're not flaky job-hoppers.

Corporations love to talk about employee loyalty, but so rarely do they return that loyalty, Zitron wrote.

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But when employees finally get fed up, companies scramble to try and blame worker turnover on anything other than their own actions, according to Zitron.

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Zitron said easy policies foster loyal workers:

💸 Pay employees well, and on time.
😡 When problems are created by the company or management, offer an actual apology and some sort of compensation.
🕙 Set reasonable hours and give fair vacation time.

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According to Zitron, people are not quitting their jobs because of a newfound rebalancing of priorities or reevaluating of lifestyles; they're quitting because the conditions they are working under are not worth the amount of money they're being paid.

businessinsider.com/companies-loya…

Subscribe to @thisisinsider to read more about the Great Resignation. 👇

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